US inflation accelerates to 2.9% in August ahead of key Fed decision
Consumer prices rose at the fastest pace since early 2024, adding pressure to Federal Reserve deliberations on interest rates amid trade-driven price risks
Business & Markets News
U.S. CPI Holds Near 3% Ahead of Fed Decision as Labor Market Shows Strain
August inflation rose 2.9% year-over-year, the last CPI print before the Federal Reserve's September rate decision as weak jobs data and payroll revisions weigh on policy outlook
Heathrow handles more than 8 million passengers in August and renews expansion push
Europe’s busiest airport reported record daily peaks and improved operational performance but said it is operating at full capacity and unveiled a privately financed £21bn third‑runway plan.
European Central Bank Holds Interest Rates Steady as Economy Absorbs U.S. Tariffs
ECB leaves key rates unchanged, saying the euro-area economy has so far shrugged off trade measures imposed by the United States
U.S. Jobless Claims Rise to 263,000, Highest in Nearly Four Years
Initial applications for unemployment benefits climbed by 27,000 for the week ending Sept. 6, signaling a cooling labor market
Heathrow handles record 8 million passengers in August and presses for £21bn expansion
Europe’s busiest airport says capacity constraints are harming UK trade and connectivity as it proposes a privately financed third runway
US Inflation Accelerates in August, but Markets Still Price Fed Rate Cut
Consumer Price Index rises 0.4% month-over-month and 2.9% year-over-year; traders maintain expectations of a rate reduction at next week's Federal Reserve meeting
Cheap design tweaks that can help sell a home as UK market stalls
Property agents and stylists say small, low-cost upgrades — from organised pantries to accent lighting — can improve buyer impressions without large expense
Mortgage Rates Tick Higher as Lenders Raise Pricing and Bank of England Cuts Meet Uncertainty
HSBC, Halifax, Nationwide and Santander among lenders lifting fixed-rate deals amid stickier inflation and a divided BoE that may delay further cuts